Semtech in talks to buy Sierra Wireless for $1.2B
The Camarillo-based semiconductor company Semtech Corp. disclosed Aug. 2 that it “has engaged in advanced discussions” regarding a possible $1.2 billion acquisition of Sierra Wireless, a Canadian company that makes components for the Internet of Things applications that Semtech also specializes in. Bloomberg first reported a potential deal on Aug. 1, and that day shares Read More →
SLO’s Mindbody names new CEO
Mindbody, a software firm for the wellness industry that is one of San Luis Obispo’s biggest tech companies, announced the hiring of a new CEO on Aug. 2. Fritz Lanman will take over on Sept. 3, the company said. The current CEO, Josh McCarter, will move to Mindbody’s board of directors. Lanman is currently the Read More →
LTC shares up after report of rising earnings for Q2
Westlake Village-based real estate investment trust LTC Properties reported net income of nearly $55 million, or $1.36 per diluted share, for the second quarter ended June 30. That was up from $18.1 million, or 46 cents per diluted share, for the same period last year. Funds from operations attributable to common stockholders were $25.3 million Read More →
Cal Poly gets nearly $40M in state funds for sustainable ag programs
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Cure sells $20M in intellectual property, replaces CEO and CFO
Oxnard-based Cure Pharmaceutical, a drug delivery platform and CBD products company, will be selling a portion of its intellectual property and related assets for $20 million, the company announced July 28. The buyer was a company called TF Tech Ventures, and the deal closed July 22, Cure said in a July 28 filing with the Read More →
Funds to widen more highway in Santa Barbara County included in House bill; Ventura County project still waiting
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FreshRealm CEO: Company will use $200M investment to ‘play offense in the market’
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